El Tigre Silver Drill Hole ET13-50 Intercepts 57.6 M of 17.83 g/t Ag and 0.68 g/t Au, Including 2.9 Meters of 220.4 g/t Silve...
2013年3月21日 - 12:00AM
Marketwired Canada
El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX
VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to report that the drilling
program started on January 18, 2013 continues to move rapidly with 23 holes
completed and the first assays returned with good results. El Tigre is drilling
on concessions that are part of the Company's 431 square kilometer ownership in
Sonora, Mexico.
El Tigre believes that the property hosts a classic Mexican caldera-related,
epithermal low sulphide vein system that extends 5.3 kilometers along strike.
The drilling program is focusing on the southern 1.2 kilometer zone that has
potential for bulk mineable gold associated with the historic high grade
silver-gold veins. El Tigre has started a 5000 meter (15,500 feet) program on
January 18, 2013 anticipating up to 40 holes. As of the end of February, 23
holes have been completed with 2757 meters drilled. At current advancement
rates, the program is anticipated to be completed in early April with all assays
returned by the end of April.
The Company has now received assay results for its first 6 holes. These holes
were located in the lower part of Tigre Viejo Canyon with Gold Hill on the south
and Mula Mountain on the north. Each hole penetrated the mineralized stockwork
zone that occupies both the hanging wall and foot wall of the El Tigre high
grade vein. The notable intercepts from these holes are in ET13-50 with 57.6
meters of 17.82 g/t silver and 0.682 g/t gold, which included 2.9 meters of
220.4 g/t silver and 5.54 g/t gold. The mineralized intervals (not true
thicknesses) for these six holes are summarized in the following table.
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Hole # From (m) To (m) Interval (m) Ag g/t Au g/t
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ET13-45 0 13.15 13.15 (i) 0.628
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Includes 0 5.15 5.15 (i) 1.251
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18.76 67.5 48.74 (i) 0.595
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Includes 25.46 33.7 8.24 (i) 0.941
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54.25 55.75 1.5 (i) 4.59
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60.05 61.5 1.45 (i) 1.58
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104.43 105.87 1.44 96.8 0.17
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108.98 109.73 0.75 69.4 0.45
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111.9 115.8 3.9 52.24 (i)
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Includes 111.9 112.18 0.28 206 (i)
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ET13-46 6 9 3 (i) 0.27
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24 33 9 (i) 1.308
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Includes 27 30 3 11.75 3.28
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28.5 30 1.5 12.3 5.86
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38.5 41.5 3 22.37 0.351
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52.5 64 11.5 (i) 0.547
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Includes 56.5 58 1.5 (i) 1.51
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71.5 74.5 3 117.7 0.27
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78.4 96.65 18.25 (i) 0.316
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Includes 90 94.75 4.75 (i) 0.679
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98.4 101.8 3.4 (i) 0.208
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ET13-47 12.5 14.45 1.95 3.5 0.17
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22 23.5 1.5 4.6 0.28
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41 48.5 7.5 6.12 0.234
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87.1 91 3.9 34.4 0.288
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ET13-48 11.5 19.5 8 2.5 0.825
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22.5 24 1.5 3.5 0.4
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30 42 12 2 0.51
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45.17 47 1.83 5.9 0.36
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53.2 56 3.8 13.5 0.405
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81.35 82.25 0.9 182 0.18
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93.3 95.4 2.1 58.3 0.1
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105.7 107.2 1.5 93.35 (i)
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Includes 105.7 106.75 1.05 123.2 (i)
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116 117.5 1.5 106.5 0.14
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132.65 133.6 0.95 23.8 0.31
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ET13-49 0 1.5 1.5 5.5 0.17
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3 22.5 19.5 29.52 1.211
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Includes 4.5 13.67 9.17 58.77 1.056
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Includes 9 10.5 1.5 194 3.05
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Includes 15.15 16.5 1.35 4.9 2.82
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25.5 27 1.5 (i) 0.33
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33 35 2 4 2.491
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Includes 33.7 35 1.3 4.2 3.72
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40 47.95 7.95 33.4 0.68
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Includes 43.5 47.95 4.45 58.5 0.867
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51 53.9 2.9 89.11 0.396
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64 71.5 7.5 10.28 0.364
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Includes 67 70 3 17.95 0.495
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ET13-50 18 75.6 57.6 17.82 0.684
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Includes 25 28.5 3.5 2.5 1.341
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Includes 42 46 4 7.5 0.99
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Includes 60.6 68.5 7.9 103.34 1.907
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Includes 60.6 63.1 2.9 (ii)220.4 5.544
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Includes 62.6 63.1 0.5 530 25.4
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Note 1: Assay cutoffs are 0.2 g/t Au and 10 g/t Ag with g/t as gram per
tonne.
Note 2: Drill hole direction, angle and depth.
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Drill Hole Azimuth Angle Depth
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ET13-45 90 deg -45 deg 127.15 m
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ET13-46 90 deg -45 deg 130.4 m
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ET13-47 90 deg -45 deg 102.95
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ET13-48 90 deg -45 deg 142.4
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ET13-49 90 deg -45 deg 96.75
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ET13-50 90 deg -45 deg 96.75
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Note 3: (i) Did not meet cut-off grade. (ii) El Tigre Vein
Note 4: All intervals reported as core length in meters.
The remaining 2250 meters of the 2013 program will fill-in around earlier holes
focusing on the southern 1.2 kilometer zone and test other targets northward
along the 5.3 kilometer strike.
Stuart Ross President and CEO stated, "We are very pleased with the rapid
progress of our 2013 drilling program and are pleased to be able to report these
excellent assay results. We anticipate the drill program will proceed at speed
and expect to keep our stakeholders informed as new assay and drilling
information is received."
The technical content of this news release has been approved by Steven D. Craig,
CPG and Vice President of Exploration for El Tigre, a Qualified Person as
defined in NI 43-101.
About El Tigre Silver Corp.:
The Company, through its subsidiaries, holds the rights to 100% of nine mineral
concessions, eight comprising of 431 square kilometers located in north-eastern
Sonora, Mexico (the "El Tigre Property"). El Tigre also holds one additional 32
hectare claim separate from the El Tigre Property. A technical report has been
prepared for the El Tigre Property and can be found on the Company's profile on
SEDAR at www.sedar.com and on the Company's website at
www.eltigresilvercorp.com.
Cautionary Statements:
This news release contains forward-looking statements and forward-looking
information (together, "forward-looking statements") within the meaning of
applicable securities laws and the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements include assay results, expected
drilling programs and future plans. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results, performance,
prospects and opportunities to differ materially from those expressed or implied
by such forward-looking statements. Factors that could cause actual results to
differ materially from these forward-looking statements include those risks set
out in the Company's public documents filed on SEDAR at www.sedar.com. Although
the Company believes that the assumptions and factors used in preparing the
forward-looking statements are reasonable, undue reliance should not be placed
on these statements, which only apply as of the date of this news release, and
no assurance can be given that such events will occur in the disclosed times
frames or at all. Except where required by law, the Company disclaims any
intention or obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
Potential - the potential quality and grade is conceptual in nature. There has
been insufficient exploration at the El Tigre Silver property to define a
mineral resource. It is uncertain if further exploration will result in
discovery of a mineral resource.
FOR FURTHER INFORMATION PLEASE CONTACT:
El Tigre Silver Corp.
Stuart Ross
President and CEO
(778) 980-7187
srross@eltigresilvercorp.com
El Tigre Silver Corp.
Steven Craig
VP Exploration
(775) 815-8456
scraig@eltigresilvercorp.com
El Tigre Silver Corp.
Rob Grace
Corporate Communications
(604) 639-0044
(604) 608-6163 (FAX)
rgrace@eltigresilvercorp.com
www.eltigresilvercorp.com
El Tigre Silver Corp. (TSXV:ELS)
過去 株価チャート
から 5 2024 まで 6 2024
El Tigre Silver Corp. (TSXV:ELS)
過去 株価チャート
から 6 2023 まで 6 2024
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